Question: Match with the correct definition. Not all terms will be used. Migration of educated professionals from a country for better pay or living conditions. Economic

Match with the correct definition. Not all terms will be used.

Migration of educated professionals from a country for better pay or living conditions.

Economic principles stating that a freely competitive market works for the benefit of all.

Market situation in which each of a few producers affects but does not control the market

Market situation with only one seller for a given product or service

Two or more consecutive quarters of decline in GDP

The amount of a commodity or service that people are ready to buy for a given price.

The price determined by the movement of supply and demand

The price determined by the movement of supply and demand

The quantity of a product producers are willing to sell at a given price

Recession

inflaction

demand

oligopoly

monopoly

invisible hand

supply

market price

brain drain

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